Vueling A320. Courtesy photo
Barcelona-based Vueling Airlines (VY) reported a first-quarter net loss of €16.3 million ($21 million), an improvement of 28.7% from €23.6 million in the same period last year (ATW Daily News, May 6, 2011). Revenue was up 32.5% to €168.5 million compared to €126.2 million in the year-ago period. The airline carried 2.6 million passengers, 24% more than the year-ago quarter.
In a statement, the company attributed the positive ...

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